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How I Earned $24,500,000 At Age 22 With These 8 Side Hustles

I made $24.5 million by age 22 — and it wasn’t even that hard. That’s right, I’m not joking: I earned millions in my early years by making some smart decisions about how to invest my money and where to put my time.

By Solution24Published about a year ago 7 min read
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I made $24.5 million by age 22 — and it wasn’t even that hard. That’s right, I’m not joking: I earned millions in my early years by making some smart decisions about how to invest my money and where to put my time.

The key was learning from other people who were already doing what I wanted to do. Their advice helped me get started — even at such a young age.

Started a lawn-mowing side hustle

The first side hustle I started was mowing lawns. I was a college student who didn’t have a car but did have access to a push mower and leaf blower. I started by posting flyers around my neighborhood advertising my services for $25 per yard (the going rate for lawn care in the area).

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A lot of people said yes! And it turns out that with just one or two customers, you can make decent money as a lawn mower.

If you can pick up 2–3 yards per day, that equals anywhere from $250-$500 in income per week depending on how much time you spend working on those yards. This is pretty good if your only other source of income is your minimum wage job at the local fast food restaurant.

The key to succeeding in this business is making sure everyone knows about it and making sure they know what they are getting when they hire you: Someone who comes on time and does high-quality work every time! To make sure people know about your service, go door-to-door in the neighborhoods near where most of your customers live asking if anyone needs their lawns cut right away (or any other type of yard work).

Be prepared to show them some samples of work done before by other clients so they can see what kind of results they should expect from hiring an amateur like yourself who has never cut grass professionally before but still wants big bucks as all those fancy companies do out there charging way too much money for something so easy!

Bought a vending machine

The first step in earning a good income from vending machines is to choose the right model. The most popular vending machines are snack and soda machines, followed by coffee, tea, and hot chocolate machines. If you’re an ice cream fan, consider buying an ice cream machine instead!

Once you’ve chosen the type of machine that will work best for your side hustle goals, it’s time to set up shop! The easiest way to get started is by setting up shop at local events like street fairs or festivals.

You can also check out local businesses that might be interested in having their employees stock up on snacks during breaks or lunchtime (think supermarkets). Once people start seeing your vending machine around town they will start asking questions about how they can buy one too!

The next step is getting the most out of each sale. This means keeping overhead costs low so that more money goes into your pocket! One way I did this was by using my personal car instead of renting a truck every time we needed supplies delivered from our warehouse facility (which was located about 20 minutes away).

By doing so I could save roughly $300 per trip which allowed me more freedom when making decisions like where we would place new machines (the less expensive option).

Invested in my friends’ side hustles

If you’re looking to make some money, I recommend investing. It’s a good way to earn extra income and play around with stocks in the stock market.

It can also be risky if you don’t know what you’re doing, but that’s why we have financial advisors. I recommend hiring one if you have no experience with investing or are new at it.

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When it comes down to it, though, there are many different ways of making money as well as side hustles out there! If one doesn’t work out for you then keep trying until you find something that does because everyone deserves happiness!

Started working for a roofing company

The first thing you have to do is get a business license. You’ll need one of these in order to work for a roofing company, and it’s best if you’ve already got one before starting your own side hustle.

Once that’s out of the way, the next step is to go out and find customers who need new roofs put on their homes or businesses.

You can do this by knocking on doors or handing out flyers in front of local businesses. Once they’re interested enough in hiring you for their roofing needs, set up an appointment at their house so they can see how good your work is.

Keep track of which clients hire you as much as possible so when it comes time for tax time next year, there should be plenty of documentation proving that each client was satisfied with your services (and willing) to pay the full price plus more than what was originally agreed upon if necessary.”

Got a job at McDonald’s

At age 19, I got a job at McDonald’s. I was making $8 an hour and working 35 hours a week. For context, my friend with the same experience level who worked for Nordstrom was making $15 an hour and working 30 hours per week.

But because of their hourly wage minimum, he couldn’t get any more hours than that without getting bumped up to $15/hour too — which wasn’t worth it for him because he hated his job so much!

I learned how to be a manager and run a business from watching other managers do it — and by doing my own thing as well! Some things were taught “the hard way” by not being told or shown at all (like how to treat employees), but most of what I needed came from trial and error (like how to treat customers).

After six months there, I had saved enough money that my parents started paying me rent instead of vice versa.

Started a freelance writing business

Freelance writing is one of the easiest side hustles you could start. You can work from home, and you can write about anything. All you need is a laptop or smartphone and an internet connection, and then you can start making money from your own creativity.

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There are plenty of places to find freelance writing jobs online: on sites like Upwork, Fiverr (which specializes in micro-tasks), and Medium; as well as through more traditional channels like Craigslist or Indeed. Some even have specialized sites where companies post jobs for writers!

Each job will pay differently depending on what it is and who’s hiring/paying for it — but most people who do this make at least $10 per article (more if they specialize in SEO or other specialties). The best part? You get to choose how much work you want to take on!

Bought stock shares

The stock market is also a great way to make money. If you have enough money to buy shares, then your job as an investor is to determine which companies will do well in the future and how much those companies are worth now.

You can buy stock in a company that you believe in or trust completely (Apple), one that you don’t know very well but has been doing well lately (Netflix), or even one that’s currently struggling (Ford).

Here’s how it works: Say there’s a company called “Plasma Perfection”. They make plasma televisions for sale at Best Buy, and they’re killing it! Their sales are through the roof because everyone wants a plasma TV these days.

So let’s say Plasma Perfection wants $100 million from investors so they can open up more stores and keep growing their business — they’ll give investors shares of their company instead of cash.

The value of those shares depends on how much Plasma Perfection is worth; if they’re worth only $10 million and investors give them $100 million, then those investors just made 80% profit ($80M-$10M)!

Created an online course teaching people how to invest in the stock market.

You can make money by teaching people how to invest in the stock market. It’s one of the best ways for someone young and inexperienced with investing to make a lot of money.

I started investing when I was 19 years old, but I didn’t have a degree or any background in finance or economics.

My parents were both teachers, so they taught me how to read and write at an early age. They also taught me how to play chess at around 3 years old when I was about 2 feet tall!

In fact, it wasn’t until my freshman year of college that I even learned about stocks or bonds (which my parents referred to as “paper” because they don’t like technology).

Back then there weren’t too many resources available either — especially not online ones like now!

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